Hong Kong stock movement | ke holdings-W (02423) fell nearly 4%, with a declining proportion of existing home business, resulting in a more than 30% year-on-year decline in Q3 net profit.
Ke Holdings-W (02423) fell nearly 4%, as of the time of writing, down 3.1%, reported at 48.45 HKD, with a transaction volume of 11.6081 million HKD.
Ke Holdings-W (02423) spent 4 million US dollars to repurchase 0.65 million shares on November 26.
Ke Holdings (02423) announced that the company spent $4 million to repurchase shares on November 26, 2024...
Ke Holdings-W (02423.HK) spent 4 million USD to repurchase 0.644 million shares on November 25.
Globe News reported on November 26 that ke holdings-W (02423.HK) announced that on November 25, 2024, it spent 4 million US dollars to repurchase 0.644 million shares.
US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.
① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.
Asian Equities Traded in the US as American Depositary Receipts Edge Higher in Monday Trading
Barclays Maintains Overweight on KE Holdings, Raises Price Target to $33
KE Holdings Analyst Ratings
Barclays Maintains KE Holdings(BEKE.US) With Buy Rating, Raises Target Price to $33
Express News | Ke Holdings Inc : Barclays Raises Target Price to $33 From $30
KE Holdings | 6-K: Report of foreign private issuer (related to financial reporting)
[Brokerage Focus] Founder Securities maintains a "Recommended" rating for ke holdings (02423) indicating stable growth in existing home business GTV.
Jingwu Financial News | According to research reports from Founder Securities, ke holdings (02423) announced its performance report for Q3 2024, achieving revenues of 22.6 billion yuan (yoy +26.8%); net income of 1.168 billion yuan, and adjusted net income of 1.782 billion yuan. The report indicates that the company’s existing home business achieved revenues of 6.2 billion yuan in Q3 2024, remaining basically flat compared to the same period last year. The total trade volume for existing homes was recorded at 477.8 billion yuan (yoy +8.8%). Despite the significant growth in GTV for existing home business, the lack of revenue growth is mainly due to: the ke holdings brokerage.
Hong Kong stocks fluctuated | ke holdings-W (02423) fell more than 4%, the decline in existing home business revenue contributed to the pressure on third-quarter profits.
Ke Holdings-W (02423) fell more than 4%, as of the time of publication, it dropped by 4.13%, closing at 48.75 Hong Kong dollars, with a turnover of 0.137 billion Hong Kong dollars.
KE Holdings Third Quarter 2024 Earnings: Misses Expectations
KE Holdings Inc. (BEKE) Q3 2024 Earnings Call Transcript Summary
Nomura Raises Price Target on KE Holdings to $23.80 From $21.80, Keeps Buy Rating
BofA Securities Maintains KE Holdings(BEKE.US) With Buy Rating, Maintains Target Price $28
Ping An Securities: Typical urban suburban areas have accumulated inventory and long turnover periods. It is expected that the bottoming out will lag behind the improvement of core areas and good products in the sector.
The path for the real estate industry to "stop falling and stabilize" will follow: "Good products — core areas in first-tier and second-tier cities — stabilization of the national economy — stabilization of the national housing market — stabilization of investment". Low-tier areas (suburbs of second-tier cities + third and fourth-tier cities) are hindered by high inventory levels, leading to a relatively delayed stabilization.
KE Holdings Inc (BEKE) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amidst Margin ...
Daiwa Capital Markets: Maintain buy rating for ke holdings-W (02423), target price raised to 70 Hong Kong dollars.
ke holdings guidance for the fourth quarter revenue increased by 39% to 44% year-on-year, reaching 28 billion to 29 billion RMB.
Hong Kong stock concept tracking | Hong Kong is expected to reverse the long-standing real estate downturn, with a large increase in real estate transaction volume bullish for intermediaries (including concept stocks)
In 2025, the hot real estate market in Asia may collectively heat up.